Cost Accounting &

- Inventory Management

- Track production costs: Monitor raw materials (steel, rubber, electronics), direct labor, and manufacturing overhead.

- Value inventory: Maintain accurate records of raw materials, work-in-progress (WIP), and finished auto components using FIFO, LIFO, or weighted average methods.

- Conduct variance analysis: Compare standard manufacturing costs against actual production costs to spot inefficiencies or material waste.

- Manage bill of materials (BOM): Verify accuracy in component cost roll-ups for individual auto parts.

Accounts Payable &

- Receivable (AP/AR)

- Reconcile vendor invoices: Process payments for raw material suppliers and heavy machinery maintenance.

- Manage OEM customer accounts: Handle high-volume billing, contract terms, and receivables from original equipment manufacturers (OEMs) or Tier-1/Tier-2 automotive clients.

- Monitor aging reports: Track outstanding customer payments and enforce credit limits.





Financial Reporting &

- Compliance

- Prepare financial statements: Generate monthly, quarterly, and annual balance sheets, income statements, and cash flow statements.

- Ensure regulatory compliance: Comply with local tax laws (such as GST/VAT) and corporate financial regulations.

- Support audits: Prepare auditable trails for incoming customer or vendor compliance audits, verifying materials on hand and financial accuracy.

Budgeting &

- Cost Control

- Assist in budgeting: Help management forecast future production volumes, capital expenditures, and operational expenses.

- Identify cost-saving measures: Recommend policy changes or operational adjustments to maximize profit margins on specific auto part lines

Pay: ₹40,000.00 - ₹70,000.00 per month

Work Location: In person

📌 Accountant (Ludhiana)
🏢 Apex Management Solution
📍 Ludhiana